21 June 2014
we are Mfg. of Hyd. Pump Chapter Head tariff under 8416010 charges Duty 10.30% on sales
we sales sum of company which is made Agriculture namely combine harvester M/c under tariff Head 8433 our pump are use as a component/components in said M/c.
now company said our product combine harvester falls under Chapter 8433 you charges NIL rate of excise duty Please guide any notification which we charges "Nil" rate of duty or it is our side any required certificate from buyer party and any effect on Modvat which is we credit our side.
CAclubindia
